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Unions, business in rare alliance against Eskom

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It's not often a union like Numsa joins hands with the business community; but it is as it seeks to oppose common enemy Eskom.

Eskom must be allowed to earn profit: Eberhard

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Past electricity tariff increases given to Eskom were justified, said Anton Eberhard who added the utility was required to make a profit for its own capital requirements.

Eskom defends 16% tariff increase application

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The Independent Democrats-Democratic Alliance has joined the chorus of critics who say Eskom's power tariff application is excessive.

SA ships most coal since 2006: RBCT

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Richards Bay Coal Terminal exported the most coal in more than six years, according to RBCT data

BHE wins approval for $100m CoAL deal

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Coal of Africa said regulatory approvals had been won for the strategic investment of China's Beijing Haohua Energy which will see it own about 24% of the company.

CoAL secures offtake with Vitol

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Coal of Africa has agreed to supply Vitol and eased its financing burden in which it is not required to pay for its share of a port expansion at Maputo.

Zesco to build $249.3m power line

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Zambia's state-owned power company is to build a $249.m power line supplying 330Kv in electricity to mines in the region including Barrick Gold's Lumwana.

Range River in R270m Firestone Energy bid

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Range River Gold has made a share-based offer for Firestone Energy which has urged shareholders to do nothing until a bidder's statement is lodged.

SA coal price spurt lowers RBCT stocks

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South African coal export prices recovered as much as 17% in the last month which contributed towards higher offtake and a lowering in stocks at RBCT, data shows.

CoAL confirms split with Mapungubwe coalition

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Coal of Africa confirms the Coalition, a grouping of environmentalists opposed to its mining at Vele Colliery in Limpopo province had withdrawn from an agreement.